Libya’s El Sharara oil field was seized by gunmen, bringing production from one of the country’s largest fields to a halt. Reports from the site are unclear but do say that the gunmen began looting equipment and shooting at the workers. The field is operated by Spain’s Repsol. The shut in at the El Sharara […]

ONGC Videsh Ltd. (OVL), the overseas arm of India’s ONGC, could pick up a stake in some of Tullow Oil’s projects across Africa. The Indian firm would most likely prefer stakes in already producing assets to allow it to funnel its share of production to feed domestic demand. “ONGC is keen to buy a stake […]

Release The global energy industry is undergoing a seismic shift, in part driven by development of new, unconventional sources of energy, such as shale gas, tight oils, coal seam gas and oil sands. In turn, this is requiring logistics executives to rethink traditional energy supply chain models and implement a highly integrated approach, to drive […]